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Indonesian (IDX) Steel Industry Analysis

UpdatedNov 25, 2025
DataAggregated Company Financials
Companies8
  • 7D-1.9%
  • 3M24.7%
  • 1Y15.0%
  • YTDn/a

Over the last 7 days, the Steel industry has dropped 1.9%, driven by a pullback from Alamtri Minerals Indonesia of 2.3%. Over the past 12 months, the industry was up 15%. As for the next few years, earnings are expected to grow by 18% per annum.

Industry Valuation and Performance

Has the Indonesian Steel Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 30 Nov 2025Rp70.1tRp47.5tRp6.0t10.5x11.7x1.5x
Tue, 28 Oct 2025Rp72.5tRp47.5tRp2.5t16.9x28.5x1.5x
Thu, 25 Sep 2025Rp56.0tRp47.8tRp2.5t11x22x1.2x
Sat, 23 Aug 2025Rp55.5tRp48.4tRp3.5t12.1x16.1x1.1x
Mon, 21 Jul 2025Rp49.3tRp44.4tRp4.1t10.6x12.1x1.1x
Wed, 18 Jun 2025Rp50.0tRp44.4tRp4.1t10.6x12.2x1.1x
Fri, 16 May 2025Rp43.3tRp44.9tRp4.1t10.9x10.5x1x
Sun, 13 Apr 2025Rp41.9tRp52.0tRp4.0t6.8x10.5x0.8x
Tue, 11 Mar 2025Rp44.2tRp52.5tRp4.1t6x10.8x0.8x
Thu, 06 Feb 2025Rp45.7tRp56.0tRp6.0t4.4x7.7x0.8x
Sat, 04 Jan 2025Rp55.6tRp55.6tRp5.9t5.5x9.4x1x
Mon, 02 Dec 2024Rp59.3tRp54.6tRp5.8t6x10.2x1.1x
Wed, 30 Oct 2024Rp74.5tRp56.5tRp7.2t6.8x10.4x1.3x
Fri, 27 Sep 2024Rp70.7tRp54.9tRp6.8t7x10.4x1.3x
Sun, 25 Aug 2024Rp66.3tRp54.2tRp6.1t7.1x10.8x1.2x
Tue, 23 Jul 2024Rp70.1tRp57.5tRp6.7t7.4x10.4x1.2x
Thu, 20 Jun 2024Rp65.6tRp65.4tRp7.0t6.9x9.4x1x
Sat, 18 May 2024Rp65.0tRp67.3tRp7.0t7x9.3x1x
Mon, 15 Apr 2024Rp67.0tRp67.6tRp6.4t7.8x10.5x1x
Wed, 13 Mar 2024Rp71.8tRp66.6tRp6.1t8.7x11.7x1.1x
Fri, 09 Feb 2024Rp71.8tRp65.8tRp3.8t10.5x18.8x1.1x
Sun, 07 Jan 2024Rp69.2tRp65.4tRp3.8t11.5x18.2x1.1x
Tue, 05 Dec 2023Rp66.3tRp70.6tRp4.6t9.5x14.5x0.9x
Thu, 02 Nov 2023Rp58.7tRp72.4tRp4.6t8.3x12.7x0.8x
Sat, 30 Sep 2023Rp68.1tRp70.2tRp4.4t9.9x15.4x1x
Mon, 28 Aug 2023Rp64.0tRp69.5tRp4.4t9.9x14.6x0.9x
Wed, 26 Jul 2023Rp55.0tRp75.7tRp6.0t7.9x9.2x0.7x
Fri, 23 Jun 2023Rp47.9tRp77.4tRp7.5t6.7x6.4x0.6x
Sun, 21 May 2023Rp48.7tRp77.4tRp7.5t6.9x6.5x0.6x
Tue, 18 Apr 2023Rp59.8tRp76.7tRp7.6t6.3x7.8x0.8x
Thu, 16 Mar 2023Rp59.1tRp79.6tRp9.0t5.9x6.6x0.7x
Sat, 11 Feb 2023Rp77.1tRp78.4tRp8.8t7.6x8.7x1x
Mon, 09 Jan 2023Rp80.9tRp80.2tRp9.1t8.2x8.9x1x
Wed, 07 Dec 2022Rp86.9tRp79.6tRp9.0t10.9x9.7x1.1x
Price to Earnings Ratio

9.7x


Total Market Cap: Rp86.9tTotal Earnings: Rp9.0tTotal Revenue: Rp79.6tTotal Market Cap vs Earnings and Revenue0%0%0%
Indonesian Steel Industry Price to Earnings3Y Average 11.8x202320242025
Current Industry PE
  • Investors are relatively neutral on the Indonesian Steel industry at the moment, indicating that they anticipate long term growth rates to remain steady.
  • The industry is trading close to its 3-year average PE ratio of 11.8x.
  • The 3-year average PS ratio of 1.0x is lower than the industry's current PS ratio of 1.5x.
Past Earnings Growth
  • The earnings for companies in the Steel industry have declined 13% per year over the last three years,
  • Revenues have also declined 16% per year.
  • This means overall sales from these companies are declining and profits are subsequently falling as well.

Industry Comparison

How does Indonesian Steel compare with similar industries?

ID Market1.44%
Materials3.09%
Metals and Mining1.96%
Steel-1.93%
Diversified Metals and Mining2.62%
Copper1.93%
Gold1.92%
Aluminum-1.18%
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
KRAS Krakatau Steel (Persero)Rp386.001.6%
+Rp116.1b		227.1%PE8.5x
NIKL Pelat Timah NusantaraRp382.006.1%
+Rp55.5b		44.7%PE45x
BAJA Saranacentral BajatamaRp176.002.9%
+Rp9.0b		77.8%PS0.4x

Latest News

LABA
Rp175.00
Green Power Group
7D
-19.0%
1Y
-43.5%
KRAS
Rp386.00
Krakatau Steel (Persero)
7D
1.6%
1Y
227.1%
BAJA
Rp176.00
Saranacentral Bajatama
7D
2.9%
1Y
77.8%
GGRP
Rp250.00
Gunung Raja Paksi
7D
-4.6%
1Y
17.9%
GDST
Rp116.00
Gunawan Dianjaya Steel
7D
-1.7%
1Y
28.9%
ADMR
Rp1,270.00
Alamtri Minerals Indonesia
7D
-2.3%
1Y
3.7%
BTON
Rp384.00
Betonjaya Manunggal
7D
-0.5%
1Y
-2.0%
ISSP
Rp430.00
Steel Pipe Industry of Indonesia
7D
-2.3%
1Y
48.3%
NIKL
Rp382.00
Pelat Timah Nusantara
7D
6.1%
1Y
44.7%